AMMAN — A decision is expected by the
European Investment Bank (EIB) to approve a second $250 development loan for
Jordan’s National Carrier Project, Al-Ghad news reported.
اضافة اعلان
According to the bank’s website, a full
environmental and social impact assessment of the project has been completed in
line with the EIB’s international best practices and standards. The decision is
expected in the coming weeks.
The project aims to produce at least 300 million cubic
meters of water that will be pumped from
Aqaba’s desalination station to Amman.
It will also help the country adapt to the impact of climate change and create
jobs during construction and operation phases.
Jordan has one of the lowest per capita water figures
in the world, which is expected to fall further in the coming years, due to
increasing population (which is expected to increase from the current 10
million to 18 million people by 2047).
The project is a
priority for the government and is in line with national priorities, in
particular the 2016-2025
National Water Strategy.
The EIB had participated in a donors’ pledge conference for
the project, which was convened by the
Ministry of Planning and International Cooperation last April, where the bank announced providing $250 million as a
development loan. The bank also announced its willingness to provide further
support for the strategic project.
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